A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Packaging Corp of America
Our trading algorithm values Packaging Corp of America (PKG) to be fairly valued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | fairly valued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Neutral |
| Current Price | $113.52 |
| 60 Day Prediction | $117.86 |
| 60 Day Pred - Lower Bound | $110.39 |
| 60 Day Pred - Upper Bound | $125.21 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.069 * nr_days_in_the_future + 115.783
Based on this information, our algorithm recommends the trading decision: Neutral. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
PKG traded at $113.52 this Friday October 14th, loosing $-0.63 or -0.5549726052171968 percent since last week.
Looking back, over the last month, PKG has been loosing $-10.58 or -9.319945510851893 percent.
Over the last year, it has been loosing $-19.34 or -17.036649523603035 percent.
Seasonality of Packaging Corp of America
Using our AI model, we have been analyzing the value change for Packaging Corp of America depending on the day or month of a year. This can be seen in the following graph:
